Attachment12FormatPerformanceBond(Engl).pdf
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- Solicitation number
- W912PF-17-R-0018
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Attachment 12 Format Performance Bond
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FORMAT OF PERFORMANCE BOND ISSUED BY A BANK
This format meets the material requirements of FEDERAL ACQUISITION REGULATION (FAR) clause 52.228-
15 PERFORMANCE AND PAYMENT BONDS -- CONSTRUCTION (NOV 2006) (DEVIATION)
BANK LETTERHEAD
TO: 414th CSB RCO ITALY /SUB-OFFICE LIVORNO
VIA AURELIA, EDIFICIO 5131
CAMP DARBY (ZONA DEPOSITO)
56128 TIRRENIA (PISA)
Attention: Contracting Officer Date:
I/We, the undersigned, acting as the duly authorized representative of Bank (enter the name and address of the bank) declares that the Bank (enter the name and address of the bank) hereby guarantees and is jointly and severally liable as guarantor with Contractor (enter the name and address of the Contractor), to effect payment to the
Contracting Office that issued the contract W912PF-17-C- _____(enter the four digits) for the performance of
PROJECT NO. TITLE______________”, by check made payable to the 414th CSB RCO ITALY /SUB-OFFICE
LIVORNO-VIA AURELIA , EDIFICIO 5131 –CAMP DARBY (ZONA DEPOSITO ) 56128 TIRRENIA (PISA), within 10 (ten) calendar days after receipt of a written request by registered mail, return receipt, in the amount of
Euro (enter the 10% of the original contract price number/letters), which represents the deposit required to guarantee that the Contractor (enter the name and address of the Contractor), fulfills all its obligations for the satisfactory performance and timely completion of the work under the aforementioned contract.
The written request by the Contracting Officer shall simply inform, without any need for the Contracting Officer to obtain the prior consent of the Contractor (enter the name and address of the Contractor), or for any other proof, action or decision by any other authority, the Bank (enter the name and address of the bank) that the Contractor
(enter the name and address of the Contractor) failed to comply with the terms and conditions of the contract, or did not fulfill its undertaken in whole or in part.
This letter of performance guarantee shall continue in effect without any change in the terms until the work under the aforementioned contract has been finally accepted by the Contracting Officer’s representative. After the
Government’s final acceptance of the work, this letter of performance guarantee will expire automatically even if not returned to us and our commitment will become null and void.
NAME & ADDRESS OF THE BANK
Signed by:
Typed name and title
Bank shall affix its corporate seal
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